Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

US Dollar/Iraqi Dinar (FOREX:USDIQD)

Sidelines Mode (+55) - USDIQD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid USDIQD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDIQD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDIQD
Open High Low USDIQD Price Change
1460.5 1460.5 1460.5 1460.5 0.0
Entry Signal

MarketClub’s Trade Triangles for USDIQD

long term up The long-term trend has been UP since Aug 7th, 2022 at 1463.4009

intermediate term up The intermediate-term trend has been UP since Aug 7th, 2022 at 1463.4009

short term down The short-term trend has been DOWN since Aug 10th, 2022 at 1460.3125

Smart Scan Analysis for USDIQD

Based on our trend formula, USDIQD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDIQD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1460.5 1460.5 1460.5 1460.5 0.0
Prev. Close Volume Bid Ask Time
1460.5 2022-08-12 14:17:54
Get a free daily analysis and signals for US Dollar/Iraqi Dinar (USDIQD) - Request Your Free Report.